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$350,000

2923 Menlo Park Ln, Carrollton, TX, 75007

$353,131 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.22 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size5,201 sqft

Building Information

Year Built1986
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR134053
Lot Number1
SubdivisionKingspoint Ph 2
Land UseResidential
Legal DescriptionKINGSPOINT PH 2 BLK 4 LOT 1
Census Tract021611
Assessed Land Value$82,967
Assessed Improvement Value$322,470
Assessment Year2025

About this property

Sometimes the best opportunity isn’t the house that someone else has already finished—it’s the one with the right location, an interesting floor plan, and room to make it your own. 2923 Menlo Park offers exactly that. Priced with its current condition in mind, this home is ready for its next owner to bring a fresh vision. New flooring, paint, and a few thoughtful updates could make a dramatic difference, and the seller is offering $5,000 in concessions to help get you started. The unique split-level design gives the home character you won’t find in every floorplan. From the entry landing, head upstairs to the main living spaces and primary suite, or downstairs to the secondary bedrooms and an open den area—creating separation and flexibility for everyday living, guests, a home office, or additional hangout space. Outside, the pool adds another opportunity to create your own backyard retreat, with a new pool pump and skimmer installed in 2025. A new HVAC system was installed in 2024, and the foundation has previously been repaired. But the real story here may be the location. Just around the corner is one of Carrollton’s most vibrant shopping and dining areas, with an incredible variety of restaurants, specialty markets, cafés, shops, and everyday conveniences—including H Mart. Add easy access to major roadways for commuting throughout DFW, and this is a location that makes it easy to spend less time getting where you’re going and more time enjoying what’s around you. Bring your ideas, make the updates you want, and turn a well-located home with plenty of potential into something distinctly yours.

Investor Tools

$232,218Estimated Mortgage Balance
$155,782Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$353,130
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

Interested in this property?

Chad Carlson

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,191
$361,900
2025
$82,967
$322,470
$405,437
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,191
$361,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texans Cu
Credit Line (Revolving) / Heloc
$80,000
No
First
Oct 2, 2020
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,218
$155,782
40%
60%
$1,450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,450/mo
+$640/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Carrollton

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2923 Menlo Park Ln | Property Details | No Agent List